Refer to the Information Provided in Table 9

question 91

Multiple Choice

Refer to the information provided in Table 9.8 below to answer the questions that follow.
Table 9.8
All Figures in Billions of Dollars

-Refer to Table 9.8. The economy is at the equilibrium level of output. If government spending decreases by $50 billion, the new equilibrium level of output is

• A) $3,100 billion.
• B) $2,400 billion.
• C) $1,550 billion.
• D) $1,450 billion.

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